Gov/Econ Final Review Game ES: Demonstrate understanding of concepts.

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Gov/Econ Final Review Game ES: Demonstrate understanding of concepts

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Team Quizzo Betting Round included Do not shout out answers Scoring – the honors system When we go over answers, lets talk about them a bit and answer the age old question “why is this important” Study for Wednesday! Remember the objective is to review material, winning is just the fun part

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Round 1 1.This is the minimum number of members who must be present for a legislative body to conduct business. 2. This is the leadership position who's role it is to ensure legislation gets moved through the bill passing process quickly and efficiently. 3. This factor drives all economic decision-making. 4. The power granted to Congress in Article 1, Section 8 of the Constitution is most frequently carried out by which of the following entities: Speaker of the House, Ways and Means Committee, or Vice President? 5. The process of setting up new congressional districts after reapportionment is called The group of people who's interest Congressmen and women aim to satisfy.

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Round 1 (cont.) 7. A filibuster can be stopped by a vote for this. 8. Most of the important work on tax law occurs in this committee. 9. Matters requiring the action of both the House and the Senate need this. 10. This type of bill sets up a government program and specifies how much money may be spent on it. 11. Name an entitlement program. 12. Public-works bills that allows Congressmen and women to appropriate billions of dollars for their local projects are often called this.

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Round 2 1. The 3 qualifications a person must meet to be eligible to hold the office of president. 2. The largest geographic source of immigrants to the United States today comes from here. 3. What is a misconception? 4. The process by which immigrants are granted U.S. citizenship. 5. The ruling of the Dread Scott vs. Sandford Supreme Court decision. 6. A frequent and unfortunate event that results in nearly fixed elections.

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Round 2 (cont.) 7. This type of committee act as a study group in order to make sure key issues are properly researched and reported back to the House or Senate. 8. Anything drawn from nature for the use in producing a good or service qualifies as this factor of production. 9. A curve showing the maximum quantity of one good that can be produced for each possible quantity of another good produced is what? 10. A micro economist would study what? 11. Resources are exchanged for money here. 12. The comparison of marginal costs and marginal benefits is called what?

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Round 3 1. The amount of a good that consumer are willing and able to purchase at a particular price is this. 2. The law of demand. 3. The law of supply. 4. A decrease in the price of a good will result in this (in regards to demand). 5. If at every price, the amount people are willing and able to buy has increased what has changed? 6. A new marketing campaign targets Japan and their desire for diamonds. What factor would be increasing demand? (A shifter...)

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Round 3 (cont.) 7. The price of cotton suddenly decreases. What would be the result of this change (in regards to supply)? 8. A government payment to support a specific activity or good. 9. Quantity demanded meeting quantity supplied. 10. The economic system of North Korea. 11. The desired traits of people within a market economy. 12. The decreasing satisfaction experienced from the use of one unit to the next.

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Round 4 1. An increase in the overall price level of all goods in an economy. 2. Consumers income and buying power lowering is a result of this. 3. The reactivity of a goods demand. 4. The measure of an economies final production in a given year. 5. Workers who would like to work more hours or prefer jobs that better match their skill level. 6. During the __________________ of the business cycle, real GDP ___________________________.